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As London wakes up, wait for more selling.

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The breakout may occur on either side. The bullish scenario would last shorter in duration.

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We should not let the relative weaknesses of NZD, AUD, CAD and many others against USD prevent us to see the losing strength of the final upswing of the almighty dollar. What I believe is, and this is still just a provisional belief, that the retest of the trading ranges (the grey lines) will fail, and we see the price going below the median line which it touches...

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First of all, let me inform the viewers that I will no more write the risk levels (like r=1/10) associated to the ideas, because it is senseless to include an information which is of no use, since it is the management of the trade which actually determines how this risk is used and when, and I am unable to provide the each step I take in managing the trade. My...

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Shorts favored. As always, we will wait for a confirmation before taking action.

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Drawing the major levels where NZDUSD may find support or resistance, we see that this pair trades in the zone of uncertainty. What it is capable of doing in the following weeks, on the other hand, is bound to be either one of the two alternatives. The market will soon signal the destiny. According to the strength of the signal, then, we will arrange our positions.

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This highly speculative giant is approaching a major support (the purple dashed line). One entry point, two stop levels and two targets are seen in the chart. If the price hits the entry point, I will be quarter in, risking 1/20 with the far stop and conservative target. Still better than 1:1 RR. I need further conditions to get full in.

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Now that we can finalize our views on Gold (cf. "1.23#1", "1.23#2"). Here is the summary of what happened in the last decades. January 1980 - Gold peaks at $850 with utmost joy, which is followed by a sudden yet long-lasting decline. August 1999 - The period of recession lasts 19 years. Elliotticians would call this recession a zigzag, at the end of which the...

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A little bit more about the ongoing battle on this precious metal could be sought in the daily chart, where we see two major forces are in effect, to name, thin and the thick trendlines, both of which acted as a support and then broken to become a resistance. The thin red line, we do not seem to care about it pretty much, since Gold is trading way below its area...

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The recent history of the Gold's price action is getting interesting. The broken support was at first sight a minor one, but even though it had been broken with strength, the price which comes back did not prove to be of a corrective characteristic. This shows an impressive example of a very common fault in the trading arsenal. When a breakout happens, novice...

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An intraday opportunity lies here. Bought some. Will buy if it hits Fib .886.

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This one was hard, and there is not just one Gann possibility. I used the formula price^0.5*180 to convert the chart to degrees, and then normalize it by making the absolute bottom 0 degree and with the help of a factor of 10. The result seems correct, though, not certain. The most probable turning point for CADUSD in this picture is 120 degrees - 1/3. That level...

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This is another market analysis which will not induce a trading setup but just accompany our other analyses. 6-year vibration analysis predicts the end of the cycle to be at around 180 degrees, and that amounts to somewhere near the thick green horizontal line, which is where the price will most likely meet a very strong support. Notice the historical price...

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The pair trades in the channel, and it's not clearly seen in this IDC chart but it seems to draw a 3-3-5 (the C has just started). We will book the profits as it hits the green line or completes a 5-wave structure. If this idea holds, a re-entry at Fib .786 level might be possible.

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This is not a trading idea, though may be used to accompany other ideas as a general look at the market. Today we have suffer enough from the rising Dollar, but it seems now that the index is approaching a key level at which a reversal is highly likely. End of A-B-C zigzag completely conforms to the parallel channel. Also, any price action above the dotted red...

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Discipline is the utmost trait a trader should have. Written rules are broken harder than spoken rules. Keep your principles versatile and concise, and write them down. Krone and Zloty (cf. "1.18") are experiencing a similar price action. We had our r=1/20 trade (cf. "1.12#2") still open with S/L at 8.6. This time we will add to our trade to make it r=1/5.

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Higher time frames significantly and insistently show a reversal to the down side which should last a week. Though, in order to maximize our gain, we are waiting for this corrective channel to get done with what it tries to do. Fib .618 might induce an entry for us, or breaking up of the channel. Some long-holder conservatives friends might put their S/L very far...

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Any entry price under the Fib .886 level is desirable. We will still wait for the break up in smaller time frames.